1,000 barrels of oil are generally included in a futurescontract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and are ...
It offers tier-based commission fees for futures. If you have less than 1,000 contracts, you’ll pay $0.85 per contract. Traders with more than 20,000 contracts will pay $0.25 per contract.